Demand for Lebanese Eurobonds remained relatively stable on Thursday as the BLOM Bond Index (BBI) inched up by 0.03% to 106.64 points. The yield on the 10Y Lebanese Eurobonds decreased by 1 basis point (bp) to settle at 6.14% while that of the 5Y remained unchanged for the third consecutive session at 5.39%. With the demand fall on medium-term US securities, apparent by the 3 bps increase of the yield to 1.35%, the spread on the 5Y Lebanese securities and its US comparable narrowed by 3 bps to 404 bps. In addition, Lebanon’s 5Y Credit Default Swaps (CDS) narrowed from a previous quote of 379-398 bps to 373-398 bps.